Answer:
The length is 72
Step-by-step explanation:
length x width = area
9 x length = 648
length = 72
Answer: solve slope by side
The monthly finance charge when the previous balance method is used is $245.83
<h3>How to calculate the amount?</h3>
The finance charge using the previous balance method will be:
= 3000 × 15 × 1/(12 × 100) + 2500/12
= 3000 × 15 × 1/1200 + 208.33
= $245.83
The charge when the adjusted balance method is used will be:
= $3000 - $2500
= $500
The charge when the average daily balance is used will be:
= 3000 × 15% × (1/12)
= 3000 × 0.15 × (1/12)
= $37.50
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